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Personal Loans With Low Admin Fee

3.5% Flat

Interest Rates

4.0%

Interest Rates – 4.0% flat and loan terms range from 1 to 6 months.

Admin Fees

3.5%

Admin Fees – 3.5% flat.

Why 12 Lend

Our short-term personal loan offers a competitive interest rate of 4.0% and low admin fee – 3.5%

Be it for your upcoming home renovation or for that holiday vacation for your family, we will provide a fast and seamless experience, so that you can focus on the important things in life

1 2 Lend Pte Ltd is proud to be one of the six firms in Singapore to be issued the new moneylending license from the Ministry of Law since the moratorium was imposed in 2012.

Click here for more info

The one-time lifting of the moratorium is part of an initiative to better protect borrowers through business-led improvements. The new models include more comprehensive use of data to access creditworthiness, using digitalised processes to lower cost and giving better terms to those who repay their loans early or on time.

This new licence is only issued by the Ministry of Law to firms with paid-up capital of at least S$1 million and have demonstrated a track record in providing consumer credit, whether in licensed money lending or in other sectors of consumer credit.

Eligibility

Find out if you are eligible or total maximum amount that you may loan at any time by referring to the table below.

Citizenship Singaporean or Permanent Resident (PR) Foreigners (residing in Singapore)
Age* 21 – 65 Year olds 21 – 65 Year olds
Other requirements N.A. Employment Pass with at least 12 months’ validity
Borrower’s Annual Income Maximum Loan Amount [Singaporean or PR] Maximum Loan Amount [Foreigners]
Less than $10,000 $3,000 $500
At least $10,000 and less than $20,000 $3,000 $3,000
At least $20,000 6 times monthly income 6 times monthly income

* Above 21 years of age, and is not an undischarged bankrupt, nor facing any bankruptcy proceeding.

Loan Application

3 steps in applying loan:

  • Application submission
  • Face to Face verification
  • Loan Application outcome

You can submit an online application and upload documents here and we will assess your information and get in touch with you as soon as possible.

Loan Application Form




Before you start the online application, please prepare these documents:



  • Latest 3 months payslip

  • Latest Enhanced Consumer Credit Report (CBS) | Get Report

  • Past 12 months CPF contribution statement | Get Report

  • Latest ML Borrower Credit Report | Get Report

  • Last 2 years’ Notice of Assessment from IRAS | Get Report


APARTICULARS

Personal Details
Name in NRIC
NRIC/Passport No.
Gender
  • - select -
  • Male
  • Female
Martial Status
  • - select the status -
  • Single
  • Married
  • Divorced
  • Widowed
No. of Dependents
-
+
Nationality
  • - select a option -
  • Singaporean
  • Singapore Permament Resident
  • Others
Your Country (If Nationality is Others)
  • - select your country -
  • Åland Islands
  • Afghanistan
  • Albania
  • Algeria
  • American Samoa (US)
  • Andorra
  • Angola
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda (UK)
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Brunei
  • Bulgaria
  • Burkina Faso
  • Burma (Myanmar)
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Central African Republic
  • Chad
  • Chile
  • China
  • Colombia
  • Comoros
  • Congo, Democratic Republic of the
  • Congo, Republic of the
  • Cook Islands (NZ)
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • East Timor (Timor-Leste)
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • Falkland Islands (UK)
  • Faroe Islands (Denmark)
  • Fiji
  • Finland
  • France
  • French Guiana
  • French Polynesia (France)
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar (UK)
  • Greece
  • Greenland (Denmark)
  • Grenada
  • Guam (US)
  • Guatemala
  • Guernsey (UK)
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong (China)
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iran
  • Iraq
  • Ireland
  • Isle of Man (UK)
  • Israel
  • Italy
  • Ivory Coast
  • Jamaica
  • Japan
  • Jersey (UK)
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea, North
  • Korea, South
  • Kosovo
  • Kuwait
  • Kyrgyzstan
  • Laos
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macau (China)
  • Macedonia
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mayotte (France)
  • Mexico
  • Micronesia, Federated States of
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • New Caledonia (France)
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue (NZ)
  • Norfolk Island (Australia)
  • Northern Mariana Islands (US)
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian territories
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Pitcairn Islands (UK)
  • Poland
  • Portugal
  • Qatar
  • Réunion (France)
  • Romania
  • Russian Federation
  • Rwanda
  • São Tomé and Príncipe
  • Saint Helena, Ascension and Tristan da Cunha (UK)
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Pierre and Miquelon (France)
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Saudi Arabia
  • Senegal
  • Serbia
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovakia
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Svalbard and Jan Mayen (Norway)
  • Swaziland
  • Sweden
  • Switzerland
  • Syria
  • Taiwan
  • Tajikistan
  • Tanzania
  • Thailand
  • Togo
  • Tokelau (NZ)
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • Uruguay
  • Uzbekistan
  • Vanuatu
  • Vatican City
  • Venezuela
  • Vietnam
  • Wallis and Futuna (France)
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe
Work Permit Expiry Date
Need at least 12 months’ validity
Date of Birth
Highest Education
  • - select a option -
  • Professional Qualifications
  • Post-Graduate
  • Bachelor's Degree
  • Diploma
  • A-levels
  • O-levels
  • Technical
  • Others

APARTICULARS

Contact Details
Home No.
Mobile No.
Office No.
Email
Residential Info
Residential Address
Residence Status
  • - select a option -
  • Owned
  • Parents
  • Rented
  • Others
Length of Stay
  • - select a option -
  • Less than 12 months
  • More than 12 months

APARTICULARS

Employment Details
Employment Status
  • - select a option -
  • Full-time
  • Part-time
  • Self-employed
  • Contract
  • Variable income / Comissioned Based
  • Unemployed with income
  • Unemployed without income
Job Position
  • - select a option -
  • Director/GM
  • Senior Manager
  • Manager/Assistant Manager
  • Supervisor
  • Senior Executive
  • Junior Executive
  • Non-Executive
  • Professional
  • Self Employed
  • Others
Monthly Income
  • - select your monthly income -
  • Less than $500
  • $501- $1000
  • $1001 - $1500
  • $1501 - $2000
  • $2001 - $2500
  • $2501 - $3000
  • $3001 - $3500
  • $3501 - $4000
  • $4001 - $4500
  • More than $5000
please indicate monthly income (for more than $5000)
Job Duration
  • - select a option -
  • Less than 6 months
  • 6 months - 1 year
  • More than 1 year - 2 year
  • More than 2 year & above
Company Name
Company Address
Next of Kin
Next of Kin Name
Contact
Relationship
  • - select a option -
  • Spouse
  • Parent
  • Sibling
  • Child
  • Relative
  • Friend
  • Co-worker

BLOAN REQUEST

Loan Amount ($)
Preferred Monthly Loan Repayment
  • - select a option -
  • 1 Month
  • 2 Month
  • 3 Month
  • 4 Month
  • 5 Month
  • 6 Month
  • 7 Month
  • 8 Month
  • 9 Month
  • 10 Month
  • 11 Month
  • 12 Month
Purpose of loan
  • - select a option -
  • Business Expenses
  • Debit Consolidation
  • Debt or Loan Payment
  • Education
  • Wedding
  • Medical & Healthcare
I acknowlege and wish to receive the half yearly Statement of Account

CCUSTOMER DUE DILIGENCE

Are you a Politically Exposed Person (“PEP”)?
Please describe your PEP background
Is there any other individual or company that will benefit from the loan?
Have you been declared bankruptcy before?
please indicate year of discharged:
Do you have any loans with any Licensed Moneylenders?

Name of Licensed Moneylender

Loan Amount ($)

Monthly Repayment Amount ($)

Current Balance ($)

DDOCUMENTS UPLOAD


Please upload in file format like JPG, JPEG, PNG, GIF, and PDF. The maximum file size is 5MB.

Latest 3 months payslip
Upload your payslip...
Latest Enhanced Consumer Credit Report
Upload your documents...
Past 12 months CPF contribution statement
Upload your CPF contribution Statement...
Latest ML Borrower Credit Report
Upload your documents...
2 Years Notice of Assessment (NOA) from IRAS
Upload your documents...

EDECLARATION BY APPLICANT

How do I get to know 1 2 lend Pte Ltd?
Others (please indicate):

Loan Calculator

Our calculator display the minimum fee and typical interest fee payable to a loan. Loan varies for every clients.

eg. $20,000
* Above fields are mandatory

Your Receiving Amount:

Deduct 1st month interest
and 1 time processing fee

Note: Final Loan amount is still subject to final approval

Frequently Asked Questions

How much I can borrow?

Borrower’s Annual Income Maximum Loan Amount [Singaporean or PR] Maximum Loan Amount [Foreigners]
Less than $10,000 $3,000 $500
At least $10,000 and less than $20,000 $3,000 $3,000
At least $20,000 6 times monthly income 6 times monthly income

What are the interest rates?

Loan Period Interest Rates
1 – 6 month 4.0%

Are there any other fees?

A one-time administrative fee as low as 3.5% on your approved loan amount. Please refer the table below for more detail.

Loan Period Admin Fee
1 – 6 month 3.5%

What are the documents required before visiting your office?

  • NRIC or Work permit (for foreigners)
  • Latest 3 months payslip
  • SingPass

What should I do after being granted a loan?

Do ensure that the correct principal amount of the loan is delivered to you. Any licensed moneylender is only permitted an upfront deduction of a loan approval fee of up to 10% of the principal amount.

Set reminders on your phone or calendar to make payments of the loan installments on time to avoid incurring late payment fees and late interest.

Once the dated and signed receipt is issued to you every time you repay your loan, do check the receipt for accurate information, e.g. name, amount, date is correct.

Always keep us updated on your latest address and email address and make sure you receive a statement of account for all your loan(s) at least once every 6 months, and check it for correctness (e.g. name, amount, date).

You should retain all statement of accounts and receipts of payments, as documentation and evidence of payments.

How do I know whether a moneylender is licensed or not?

Before engaging a moneylender, do verify that the moneylender is licensed by checking the list here. Do not borrow from unlicensed moneylenders.

Click here for full FAQ